MMP Industries Limited manufactures and sells aluminum products in India. It operates through Aluminium Powder and Pastes, Aluminium Conductor, and Others segments. The company offers pyro, flake, and atomized aluminum powders primarily for use in various sectors, including construction and mining, agriculture, defense, fire crackers, railways, etc.; aluminum pastes for use in automotive, decorative, and industrial paints; and aluminum conductors used by the power sector. It also provides manganese oxide/dioxide, washers, circlips, and coal products. It also exports its products to countries in Europe, the Middle-East, Africa, and the Asia Pacific. The company was formerly known as Maharashtra Metal Powders Limited and changed its name to MMP Industries Limited in June 2012. MMP Industries Limited was incorporated in 1973 and is based in Nagpur, India.
MMP Industries Dividend Announcement
• MMP Industries announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-08-20. Ex dividend date: 2024-08-19 • MMP Industries annual dividend for 2024 was ₹1.50 • MMP Industries annual dividend for 2023 was ₹1.00 • MMP Industries's trailing twelve-month (TTM) dividend yield is 0.42%
MMP Industries current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing MMP Industries stock? Use our calculator to estimate your expected dividend yield:
MMP Industries Financial Ratios
P/E ratio25.72
PEG ratio0.26
P/B ratio3.11
ROE12.50%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
MMP Industries Dividend FAQ
How much is the next MMP Industries dividend?
MMP Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MMP Industries dividend. The next MMP Industries dividend will be released in August.
When is MMP Industries dividend paid?
MMP Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does MMP Industries pay?
The specific amount of MMP Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MMP Industries's dividend history.
Does MMP Industries stock pay dividends?
Yes, MMP Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MMP Industries's dividend history.
How much dividend does MMP Industries pay?
MMP Industries paid ₹1.5 in 2024, ₹1.0 in 2023, ₹1.0 in 2022, ₹1.0 in 2021, and ₹0.0 in 2020.
How often does MMP Industries pay dividends?
MMP Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is MMP Industries's dividend yield?
The current dividend yield for MMP Industries is 0.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate MMP Industries's exact dividend yield.
When does MMP Industries go ex dividend?
MMP Industries's ex-dividend date for the latest dividend was on 2024-08-19. MMP Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next MMP Industries dividend paid?
MMP Industries pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will MMP Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether MMP Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is MMP Industries dividend per share?
MMP Industries paid ₹1.5 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that MMP Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is MMP Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MMP Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MMP Industries a dividend stock?
Yes, MMP Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MMP Industries a good dividend stock?
Whether MMP Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MMP Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating MMP Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does MMP Industries pay dividends monthly?
MMP Industries typically pays dividends on a annually basis.
Does MMP Industries pay dividends quarterly?
MMP Industries currently pays dividends on a annually basis.
Has MMP Industries ever paid a dividend?
Yes, MMP Industries has a history of paying dividends to its shareholders. MMP Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MMP Industries dividend stocks?
To buy MMP Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy MMP Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does MMP Industries pay dividends 2024?
MMP Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-08-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will MMP Industries increase its dividend in 2024?
Decisions regarding MMP Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date MMP Industries dividend overview you can look into the above table of dividend history.
How MMP Industries dividend works?
The MMP Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how MMP Industries's dividend process works:
1. Determination of Dividend: MMP Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, MMP Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, MMP Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from MMP Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are MMP Industries dividends paid?
MMP Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: MMP Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, MMP Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MMP Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does MMP Industries pay dividends?
MMP Industries typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does MMP Industries pay dividends?
The general pattern is that MMP Industries pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MMP Industries dividend safe?
The safety of MMP Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of MMP Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review MMP Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.